Your Money - Your Future
News & Views
Millions may have to rethink their retirement plans
More than one in ten have mortgage debt in the final decade before they retire Two-thirds (67%) of Britons admit to having debt that is weighing them down, according to a recent study[1]. Additionally, nearly one in ten (9%) adults in the UK are unsure about the amount they owe in outstanding debts, rising to more than one in six (16%) among those aged 45 and over. [...]
How much will I need to live on in retirement?
Planning for your life after work to ensure a financially secure future Retirement planning is an important step to ensure a financially secure future. When calculating how much you'll need to live on in retirement, there are various factors to consider. Everyone’s circumstances are different. [...]
How to reduce the impact of inflation on retirement income
More than one in ten have mortgage debt in the final decade before they retire Two-thirds (67%) of Britons admit to having debt that is weighing them down, according to a recent study[1]. Additionally, nearly one in ten (9%) adults in the UK are unsure about the amount they owe in outstanding debts, rising to more than one in six (16%) among those aged 45 and over. [...]
Retirement challenges faced by women
Years of gender-based earnings disparity have resulted in a significant pension savings gap between men and women, leaving many women in their 50s and 60s financially precarious. According to analysis, women are more than twice as likely to rely on financial support from their partner[1]. [...]
Do our later life dreams really become retirement reality?
UK adults aged 50 and above were asked about their retirement dreams and whether they had turned out as planned. The survey revealed various insights into retirement hopes, realities and the importance of preparation[1] [...]
Gap in knowledge and uptake of Power of Attorney
Recent data highlights a concerning gap in knowledge and the uptake of Power of Attorney in the UK[1]. While 95% of adults know of its existence, only one in three truly understand how it is utilised in practice. [...]